RFQ - Tennessee City Seeking Developer for Historic Industrial Buildings

RFQ - Tennessee City Seeking Developer for Historic Industrial Buildings

City of Kingsport

The City of Kingsport, Tennessee is soliciting statements of qualification for an exciting redevelopment opportunity in Northeast Tennessee consisting of 1 mm sf in more than 30 separate buildings on 20 acres in the heart of downtown.

Brownfields Agreement in place
TIF available
Mixed-Use zoning in place

Kingsport is experiencing an exciting renaissance with private investment downtown at >$15 mm in the past 3 years. $22 mm in public funds have been invested in the Kingsport Academic Village, which consists of 4 buildings with 3,000 students in the next 3 years. Eastman Chemical Company, headquartered in Kingsport, recently announced Project Reinvest, a $1.3 billion expansion/renovation project. Holston Valley Medical Center, one of 2 major medical centers in Kingsport, recently announced a $100 mm expansion/renovation plan. Kingsport Town Center recently announced a $45 mm expansion/renovation project that will transform Fort Henry Mall.

Kingsport is located at the intersection of I-81 and I-26 in the dynamic Mountain South region, 80 miles due north of Asheville, NC, with attributes similar to other foothills cities like Knoxville/Oak Ridge, TN, Blacksburg/Virginia Tech, VA, Chattanooga, TN, Greenville/Spartanburg, SC, Roanoke, VA and Winston-Salem, NC.

Marriott's award-winning mountain retreat, MeadowView, is also located in Kingsport. An expansion that will nearly double the size of the hotel was recently announced.

For more information or a copy of the RFQ, please contact:

Jeff Fleming, Assistant City Manager for Development
City of Kingsport
225 W Center St
Kingsport, TN 37660
423.229.9381 desk/cell
[email protected]

Related Link:

For more information contact:

Jeff Fleming
City of Kingsport
225 W Center St
TN 37660

Phone: 423-229-9381
Fax: 423-224-2706
Email: [email protected]
Web: www.ci.kingsport.tn.us

Posted March 23, 2008

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